New York City Taxes, Conservative Women, Global Warming and Loans to Uncle Sam
November 20, 2009 by Chip Wood
*Where were you on Nov. 16, 2000? Most of us would find it impossible to know for certain where we were on any given day—especially if it were almost a decade ago. But for one hedge-fund manager, his whereabouts for four days in 2000 was worth almost $27 million. Thatâ€™s how much Julian Robertson saved on New York City taxes for the year, when he and his staff could prove he was in the city for less than half of the year.
*New Calendar Features Conservative Women. Many thanks to all of you who had kind things to say about my Straight Talk interview with Michelle Malkin. Permit me to note she is as pretty as she is smart—as you can prove for yourself by getting the 2010 Great American Conservative Women calendar. A fundraiser for the Clare Boothe Luce Policy Institute, you can see the calendar at www.cblpi.org. Other women featured this time include Anne Coulter, Star Parker, Bay Buchanan and Carrie Prejean.
*What Happened to Global Warming? Thatâ€™s the provocative headline over a story on the British Broadcasting Corporation website. The article notes that climatologists have not been able to confirm any global warming in the past 11 years, despite a measurable rise in carbon-dioxide, which is blamed for much of this non-existent problem. By the way, the Met Office (the British weather service) says that over the next decade, at least half of the years will be hotter than 1998—so far the warmest year on earth since records were kept.
*A Rush to Loan Uncle Sam Money. The latest Treasury auction three weeks ago, for a record $123 billion in U.S. debt, was oversubscribed by nearly $250 billion. The five-year notes, which will pay just over 3.5 percent, were especially popular with central banks, foreign governments and other eager lenders. Letâ€™s see if this remains true for the rest of this fiscal year when the profligate federales will need to borrow an additional $1.2 trillion to cover the deficits theyâ€™re accumulating.